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Nov (NOV) Cost of Revenue (2016 - 2025)

Nov's Cost of Revenue history spans 17 years, with the latest figure at $2.0 billion for Q4 2025.

  • For Q4 2025, Cost of Revenue rose 31.71% year-over-year to $2.0 billion; the TTM value through Dec 2025 reached $7.0 billion, up 9.24%, while the annual FY2025 figure was $7.0 billion, 6.63% up from the prior year.
  • Cost of Revenue for Q4 2025 was $2.0 billion at Nov, up from $1.7 billion in the prior quarter.
  • Across five years, Cost of Revenue topped out at $2.0 billion in Q4 2025 and bottomed at $1.1 billion in Q1 2021.
  • The 5-year median for Cost of Revenue is $1.6 billion (2023), against an average of $1.5 billion.
  • The largest annual shift saw Cost of Revenue tumbled 34.12% in 2021 before it soared 41.89% in 2023.
  • A 5-year view of Cost of Revenue shows it stood at $1.3 billion in 2021, then dropped by 1.06% to $1.3 billion in 2022, then skyrocketed by 41.89% to $1.8 billion in 2023, then dropped by 18.85% to $1.5 billion in 2024, then soared by 31.71% to $2.0 billion in 2025.
  • Per Business Quant, the three most recent readings for NOV's Cost of Revenue are $2.0 billion (Q4 2025), $1.7 billion (Q3 2025), and $1.7 billion (Q2 2025).